Spectrum has started a new 20,000 km 2D survey in Colorado and Salado basin offshore Argentina. This new program ties with Spectrum’s existing 35,000 km survey that was acquired in 2017 for the ongoing first offshore licensing round, the company said. The survey is conducted in cooperation with BGP
James Fisher and Sons (JFS) has expanded its capabilities in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting (MSMC). MSMC is a service provider based in Saudi Arabia, with a 10-year track record of projects with Saudi Aramco. According to JFS group, the move adds strategic
Electromagnetic Geoservices (EMGS) has received a letter of award (LoA) from an undisclosed customer for a proprietary data acquisition survey in south-east Asia. The total contract value of the survey is estimated to be in excess of USD 20 million. Based on the letter of award, the company has star
The construction of Nexans’ new DP3 cable laying vessel CS Aurora is progressing with the cutting of the first steel. The hull is being built at Crist, Poland, while the engineering, outfitting and system integration, equipment preparations, testing, sea trials and finalising will be carried out at
Marlinks has secured a contract from Northwester 2 and Nexans to monitor the burial depth of six infield cables and one export cable of the Northwester 2 offshore wind farm in Belgium. Both the export and infield cables will be equipped with Marlinks’ distributed temperature sensing (DTS) measuremen
Siemens Gamesa has started producing the blades for the Formosa 1 Phase 2 offshore wind project in Taiwan. The company said the blades were cast at its Aalborg factory in Denmark using Swancor resin and hardener. Siemens Gamesa won the contract to supply 20 SWT-6.0-154 turbines, which will produce a
Wood has received a contract from Equinor, worth $13 million, to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project. Wood will provide topside modifications to enable the tie-in of subsea equipment to o
Brazilian-flagged flexible lay and construction vessel, Skandi Olinda, owned by the 50-50 joint venture formed between TechnipFMC and DOF, has started its 8-year charter contract with Petróleo Brasileiro (Petrobras). Under the TechnipFMC/DOF joint venture agreement, TechnipFMC will manage flexible p
Reach Subsea has reduced its quarterly deficit for the period ended December 31, 2018, as revenues hiked some 70 percent on increased activity against the same quarter last year. For the fourth quarter 2018, the Norwegian contractor booked loss of NOK 6.3 million on revenues of NOK 191 million, vers
The European Marine Energy Centre (EMEC) has welcomed Spanish tidal energy developer Magallanes Renovables to its tidal test site at the Fall of Warness in Orkney, Scotland. The installation of Magallanes’ second generation 2MW tidal platform ‘ATIR’ took place on 16th February and marks a major mile
Helix Energy Solutions reported a net loss of $13.7 million, or 9 cents per diluted share, for the fourth quarter of 2018 compared to net income of $50.6 million, or 34 cents per diluted share, for the same period in 2017. Sequentially, Helix booked net income of $27.1 million, or 18 cents per dilut
McDermott has secured two contracts to provide transportation and installation of offshore structures, pipelines and pre-commissioning work for the Pan Malaysia field development located off Sarawak, Malaysia. One contract is from Sarawak Shell Berhad (SSB) and one from Sapura Exploration and Produc
The first two of a total 500 offshore wind turbine foundations have been designed and fabricated for SPIC Guangdong Offshore Wind Power’s project in China’s Guangdong province. The monopiles, designed by Ramboll, are said to be the largest in the world – weighing 1,600 tonnes each, compared to the c
Norwegian offshore vessels provider GC Rieber Shipping has reported profit of NOK 269 million for the forth quarter of 2018, compared with a loss of NOK 81 million in the prior-year comparable period. This comes down to profit per snare on NOK 3.13, versus NOK 1.86 loss in the corresponding period i
